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AB Bank inks deal with Labaid Group

AB Bank inks deal with Labaid Group

FE Online Desk 2017-12-07 03:36:38

AB Bank Limited has recently signed an agreement with Labaid Group in a ceremony held at the bank’s head office. Shamshia I. Mutasim, Deputy Managing Director and Head of the HRMD of the B...

Oil dips on rising US fuel stocks, but  OPEC's supply cuts support market

Oil dips on rising US fuel stocks, but OPEC's supply cuts support market

-- 2017-12-07 01:14:07

Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the market interpreted as a sign of lacklustre demand. Brent crude futures LCOc1, the international be...

Indian central bank holds rates, eyes inflation, rebounding growth

Indian central bank holds rates, eyes inflation, rebounding growth

-- 2017-12-07 01:12:58

The Reserve Bank of India (RBI) kept its policy rate steady on Wednesday, as widely expected, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for moneta...

Alliance Leasing makes debut

Alliance Leasing makes debut

FE Desk 2017-12-06 12:51:45

Alliance Leasing and Finance Company Limited (ALFCL), a new financial institution with multinational collaboration, began its journey in Bangladesh recently. The major sponsor of the company is Peo...

BD-Bhutan transit deal stalls over validity, bank guarantee issues

BD-Bhutan transit deal stalls over validity, bank guarantee issues

Syful Islam 2017-12-06 12:00:00

Bilateral transit between Bangladesh and Bhutan looks way off as they couldn't agree on terms of bank guarantee and validity of the treaty in their latest meeting, officials said. A meeting of the Ba...

PKB becomes scheduled bank by January

PKB becomes scheduled bank by January

Arafat Ara 2017-12-06 12:00:00

Probashi Kallyan Bank (PKB) is set to go into operation as a scheduled bank by January as the Wage Earners' Welfare Fund (WEWF) has resolved fund-related complexities, sources said. The specialised b...

Transfast joins BRAC Bank for remittance into  bKash

Transfast joins BRAC Bank for remittance into bKash

FE Online Desk 2017-12-06 12:00:00

Transfast, BRAC Bank and bKash, one of the world’s leading mobile financial service (MFS) providers recently launched a unique, international remittance receiving service in Bangladesh....

Govt to import 0.2m tonnes rice, wheat

Govt to import 0.2m tonnes rice, wheat

-- 2017-12-06 12:00:00

The government has decided to import soon a total of 0.2 million tonnes of non-basmati boiled rice and wheat from India and Korea. The Cabinet Committee on Government Purchase (CCGP) Wednesday gave a...

Bitcoin's blistering rally tops $12,000 mark

Bitcoin's blistering rally tops $12,000 mark

-- 2017-12-06 09:48:33

Bitcoin retained its overnight momentum and rose to a record high of $12,205.46 on Wednesday, continuing it's rally from below $1,000 at the year’s start. The cryptocurrency was last up 4.35 pe...

City Bank, Agora launch credit card

City Bank, Agora launch credit card

FE Report 2017-12-06 08:10:39

The City Bank Ltd has launched Agora American Express Card to make shopping easier for its clients. The bank in joint venture with chain shop Agora introduced the co-branded credit. It was launched...

Esquire Electronics hosts dinner

Esquire Electronics hosts dinner

FE Online Desk 2017-12-06 04:29:10

Esquire Electronics Limited has organised a dinner for the team members of BPL outfit Rangpur Riders and the raffle draw winners. As the distributor of GENERAL and SHARP electronics brands, the compa...

Square Pharmaceuticals holds AGM

Square Pharmaceuticals holds AGM

FE Online Desk 2017-12-06 04:16:28

Square Pharmaceuticals Limited has organised its 51st Annual General Meeting (AGM) at Dhaka Club in Ramna area of the capital. The pharmaceutical company declared 35 per cent cash dividend and 7.5 pe...

AGM held; Square Textiles approves 25pc dividend

AGM held; Square Textiles approves 25pc dividend

FE Online Desk 2017-12-06 04:04:07

Square Textiles Limited has orginised its 22nd Annual General Meeting (AGM) at Dhaka Club in Ramna area of the capital city, recently. The company declared 20 per cent cash dividend and 5.0 per cent...

Daraz shoppers get another chance for ‘Fatafati’ deals

Daraz shoppers get another chance for ‘Fatafati’ deals

FE Online Desk 2017-12-06 03:58:13

After getting overwhelming response from enthusiastic shoppers, Daraz Bangladesh has decided to extend its ‘Fatafati Friday’ campaign’s timeline.  During the 11-day long campai...

Pusti Consumer Division holds sales conference

Pusti Consumer Division holds sales conference

FE Online Desk 2017-12-06 03:55:59

Pusti Consumer Division, a sister concern of TK Group of Industries, has arranged the National Sales Conference 2017 at PSC Convention Center in city, recently. Mohammed Mustafa Haider, Group Directo...

NBL organises foundation training

NBL organises foundation training

FE Online Desk 2017-12-06 03:36:39

The National Bank Limited (NBL) has arranged a foundation training course for its first executive and junior officers (general) of 5th batch in the Training Institute of the bank recently. Some of...

Petrobangla seeks Tk 26b to pay VAT, SD to NBR

Petrobangla seeks Tk 26b to pay VAT, SD to NBR

FE Report 2017-12-05 12:00:00

The state-owned Petro-bangla has sought over Tk 26 billion from the government for paying the outstanding value added tax (VAT) and supplementary duty (SD) to the National Board of Revenue (NBR). The...

UK new car sales plunge again

UK new car sales plunge again

-- 2017-12-05 12:00:00

New car registrations in Britain fell by around 11 per cent in November, the eighth consecutive month that sales have declined, according to preliminary numbers from an industry body. The sales have...

DHL simplifies air freight quotations, bookings

DHL simplifies air freight quotations, bookings

FE Online Desk 2017-12-05 11:51:18

SHANGHAI, CHINA - December 5, 2017 - DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has introduced a new Online Freight Quotation & Booking Service for int...

Alliance Leasing and Finance makes debut

Alliance Leasing and Finance makes debut

FE Online Desk 2017-12-05 11:22:39

A new financial institution- Alliance Leasing and Finance Company Limited (ALFCL)- with multinational collaboration in Bangladesh recently began its journey. The major sponsor of the company is Peo...

Tofail seeks Saudi investment in EZs

Tofail seeks Saudi investment in EZs

-- 2017-12-05 05:11:44

Commerce Minister Tofail Ahmed on Tuesday urged the investors of Saudi Arabia to invest in the economic zones (EZ) in the country and get tax and quota free import prospects. "Saudi can get tax-and q...

Kushtia MP meets FBCCI acting president

Kushtia MP meets FBCCI acting president

FE Online Desk 2017-12-05 02:38:43

Abdur Rouf, Member of Parliament of Kushtia-4, called on FBCCI Acting President Alhaj Mohammed Bazlur Rahman on Monday. They discussed on private sector engagement in the current economic development...

SBAC Bank conducts workshop on  'Anti-Money Laundering'

SBAC Bank conducts workshop on 'Anti-Money Laundering'

FE Online Desk 2017-12-05 02:35:20

South Bangla Agriculture & Commerce (SBAC) Bank Limited has organised a day-long workshop entitled 'Anti-Money Laundering and Combating Financing of Terrorism' at its Agrabad branch in Chittagong...

Onion prices rally in Asia as India restricts exports

Onion prices rally in Asia as India restricts exports

-- 2017-12-04 12:37:37

Asian countries like Bangladesh and Malaysia are struggling to secure supplies of onions after the world's biggest exporter India restricted overseas sales amid limited availability in the global mark...

Global oil prices slip slightly

Global oil prices slip slightly

-- 2017-12-04 12:36:46

Global oil prices fell on Monday after US shale drillers added two rigs last week, bringing the total count up to 749, highest since September. The prices still held close to their highest since mid-...

CHINAPLAS this April in Shanghai

CHINAPLAS this April in Shanghai

FE Online Desk 2017-12-04 12:35:08

CHINAPLAS, the largest trade fair for plastics and rubber in Asia, will be held in the National Exhibition and Convention Center (NECC), Hongqiao, Shanghai from April 24 to April 27 in 2018. The exh...

IDLC opens 38th branch in Barisal

IDLC opens 38th branch in Barisal

FE Online Desk 2017-12-04 12:26:03

IDLC Finance Limited, the largest non-banking financial institution inaugurated its 38th branch in Barisal recently. “Barisal has always been a significant region of the country considering...

DHL offers new end-to-end freight solution

DHL offers new end-to-end freight solution

FE Online Desk 2017-12-04 12:13:10

SYDNEY- Media OutReach - Taste Ireland, Australia's largest distributor of Irish and UK foods, will raise the freshness and availability of Ireland's iconic food brands in Australia with a new end-to-...

Entrepreneur selection for UDCs lacks transparency: TIB study

Entrepreneur selection for UDCs lacks transparency: TIB study

FE Report 2017-12-04 12:00:00

The process of selection of entrepreneurs for Union Digital Centres (UDCs) lacks transparency due to absence of necessary guidelines, according to a study conducted by the Transparency International B...

bKash offers up to 60pc discount on hotels, airfares

bKash offers up to 60pc discount on hotels, airfares

FE Online Desk 2017-12-04 12:00:00

bKash has launched a travel scheme for its customers offering discounts up to 60 per cent on selected hotels, resorts and online air tickets. The country’s largest mobile financial service prov...